Closing Officer

Full Time Job Opportunity

General Description

The Closing Officer is responsible for coordinating and completing residential mortgage loan closings by preparing accurate documentation, ensuring regulatory compliance, and facilitating timely communication among borrowers, attorneys, title companies, and internal teams.

Essential Duties and Responsabilities

• Coordinate mortgage loan closings from approval through funding.
• Review loan files to confirm all conditions are satisfied prior to closing.
• Prepare, review, and verify closing documents for accuracy and compliance such as Closing Disclosures, Mortgage & Note documents according to TRID, RESPA & FNMA guidelines.
• Schedule closings and communicate requirements and timelines to all parties.
• Calculate and validate closing figures, fees, and disbursements.
• Resolve documentation issues or discrepancies promptly.
• Obtain required signatures and ensure proper execution of documents.
• Disburse loan proceeds in accordance with approved instructions by Supervisor, Lender and our Legal team.
• Complete post‑closing reviews to ensure file completeness and readiness.
• Maintain accurate records in the Encompass loan origination system or a similar mortgage loan system.
• Support audits, quality reviews, and regulatory examinations.
• Provide responsive customer service throughout the closing process.
• Perform other related duties as assigned.

Education

High Scool Diploma or equivalent combination of education and related experience

Note: Related experience refers to the professional background related to the responsibilities and skills required for the position.

Experience

Prior experience of 2 years or more in mortgage closing, processing, or loan operations preferred.

Other Qualifications

• Knowledge of residential mortgage closing procedures and documentation.
• Familiarity with applicable mortgage regulations and investor guidelines such as RESPA, TRID, ECOA, OFAC, HMDA & Fair Lending.
• Strong attention to detail and organizational skills.
• Ability to manage multiple files and meet deadlines.
• Effective communication and customer service skills.
• Proficiency in loan systems and Microsoft Office.

Region Location

St. Croix 

US Virgin Islands